Current Market Snapshots

November 13, 2020

Accelerating Deal Flow and Robust Demand

November 2020 October was a strong start for the fourth quarter, with ~$190 million sold for four clients. Included were small balance performing loans, non-performing and “scratch-and-dent,” high-touch performing loans along with a handful of more sizable one-offs. The team…

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October 20, 2020

Pricing Remains Surprisingly Strong

October 2020 September marked the end of a busy quarter. Sales totaled approximately $400MM for 14 clients with an average offering (loan or pool) balance of $7MM. Hospitality and healthcare loans accounted for ~65% of the volume, followed by traditional…

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September 21, 2020

Heavy Volume Met With High Demand

September 2020 August was an extraordinarily busy month. Loan pricing volume exploded, and we bid $185MM throughout the month. Eight separate clients were represented in these sales and 38 of 42 sale offerings closed, resulting in a trade rate of…

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August 18, 2020

The Tsunami Approaches-
Hotel Loan Sales Surge

August 2020 It was difficult to generate a headline to best describe the last 30 days in our market. Outside looking in, sale results appear strong, and we have lots of conversations with buyside participants about how well pricing is…

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July 23, 2020

Eye of the Storm or Tempest in a Teapot?

July 2020 Our clients are thinking more about loan sales in this economic environment. We’ve completed ~ $400MM in loan sales since the Covid-19 outbreak and the related shutdown. We continue to gather solid and actionable data to share with…

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June 15, 2020

What a Difference a Month Makes

June 2020 We entered May 2020 cautiously optimistic, albeit with a fair amount of trepidation. We had closed ~$200MM in loan sales for 15 banks since the Covid-19 shutdown, and were well beyond the panic public market credit selling of…

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